Lowell School

Analysis

Lowell School is a registered charity in United States, based in Whitestone, NY. It received its IRS tax-exemption ruling in March 1995, 31 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Lowell School reported income of $14.6m and spending of $14.6m, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $12.3m to $14.6m (+19%), an average of +4.4% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lowell School sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Tri State Community Health Center Inc ($14.6m), Catholic Foundation for the Diocese of Davenport ($14.6m) and National Law Enforcement Officers Memorial Fund Inc ($14.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.5% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $358k (2.4% of expenses). Other salaries and wages came to $9.4m. At year end it held assets of $7.0m against liabilities of $6.7m, net assets of $360k. It reported 124 employees.